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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Oshkosh Corp. Earnings Fall On Higher Operating Costs

October 29, 2010 4:40 am

NEW YORK (AP) — Specialty vehicle maker Oshkosh Corp. on Thursday reported lower net income for its fiscal fourth-quarter that missed Wall Street expectations. For the three months ended Sept. 30, the Oshkosh, Wis., company earned $116.6 million, or $1.28 per share. That's compared with $140.

Wis. Printer Ready To Hire Hundreds, Restart Plants

October 29, 2010 4:39 am

SUSSEX, Wis. (AP) — The Wisconsin company that prints Newsweek, Sports Illustrated and L.L. Bean catalogs says it plans to hire hundreds of people immediately. Quad/Graphics is restarting equipment in Wisconsin that was shut down during the recession. The Sussex company is closing plants in Ohio, Mississippi, Tennessee and Nevada and moving production to Wisconsin.

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Student In Scissor Lift Dies Filming Notre Dame Practice

October 29, 2010 4:38 am | by Tom Coyne, Associated Press

SOUTH BEND, Ind. (AP) — As the Notre Dame football team drilled on its practice field, Declan Sullivan stood high above the turf in a hydraulic lift, videotaping the session so players could get an aerial view of their performance. Suddenly, the wind, already whipping so much that Sullivan tweeted that it was "terrifying," surged as high as 51 mph.

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Microsoft's Income Rose 51 Percent Over 2009

October 29, 2010 4:36 am | by Jessica Mintz, AP Technology Writer

SEATTLE (AP) — A swell of spending by businesses on new computers, software and servers helped push Microsoft Corp.'s earnings for the most recent quarter past Wall Street's expectations. Business spending on technology slowed to a trickle during the economic downturn. Microsoft's report, released after the market closed Thursday, is the most recent evidence that corporate spending is back in full swing.

Phoenix Man Indicted For Violating Weapon Export Laws

October 29, 2010 4:35 am | by Bob Christie, Associated Press

PHOENIX (AP) — A Phoenix man and the company he heads have been indicted by a grand jury for violating federal arms export laws by shipping military aircraft engines to the Venezuelan air force and providing training on how to maintain them. The indictment announced on Thursday alleges that Floyd D.

Algae-Based Biofuels Gets Gov't, Military Support

October 27, 2010 4:48 am | by Jason Dearen, Associated Press

SOUTH SAN FRANCISCO, Calif. (AP) — The forest green algae bubbling in a stainless steel fermenting tank in a suburban warehouse may look like primordial pond scum, but it is a promising new source of domestically produced fuels being tested on the nation's jets and warships. In a laboratory just a few steps away from the warehouse, white-coated scientists for a company called Solazyme are changing the genetic makeup of algae to construct a new generation of fuels.

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Electrolux Building Vacuums Out Of Pacific Ocean Trash

October 27, 2010 4:46 am | by Audrey McAvoy, Associated Press Writer

HONOLULU (AP) — There's a story behind the blue, white and green plastic covering the surface of the Pacific Ocean vacuum cleaner. They're tiny bits of plastic collected from one of Hawaii's dirtiest beaches, Kahuku, where waves dump trash from the Pacific all day long. The machine made by Electrolux AB is fully functional and can suck up dirt from a rug like any other vacuum.

Tornado Tears Roof Off Wis. Manufacturing Plant

October 27, 2010 4:44 am

MOUNT PLEASANT, Wis. (AP) — It's another day off for production workers at the Case plant in Racine County. A tornado tore a section of the roof off the plant in Mount Pleasant Tuesday, sending workers scrambling for cover. Two employees suffered minor injuries. Case spokesman Duane Nelson says the temporary shutdown includes all three plant functions; manufacturing, the North American parts operation and service training.

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GlaxoSmithKline Pays $750 Million For Adulterated Drugs

October 27, 2010 4:41 am | by Denise Lavoie, AP Legal Affairs Writer

BOSTON (AP) — British pharmaceutical company GlaxoSmithKline PLC will pay $750 million to settle allegations that it knowingly manufactured and sold adulterated drugs, including the popular antidepressant Paxil, federal prosecutors in Massachusetts said. U.S. Attorney Carmen Ortiz announced Tuesday that the London-based company will pay $150 million in criminal fines and $600 million in civil penalties related to faulty manufacturing processes at its plant in Cidra, Puerto Rico.

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Wash. Bans 59 Chemicals In Children's Toys

October 27, 2010 4:41 am | by Phuong Le, Associated Press

SEATTLE (AP) — Johnson & Johnson, Mattel Inc. and other manufacturers of children's products would be required to report whether toys, cosmetics, jewelry, apparel and other items contain certain harmful chemicals, under new rules proposed by Washington state. Officials have come up with a list of 59 chemicals that would trigger reporting to the state.

Manufacturers See Increase In Orders During September

October 27, 2010 4:37 am | by Martin Crutsinger, AP Economics Writer

WASHINGTON (AP) — A surge in demand for commercial aircraft lifted orders for big-ticket manufacturedgoods in September, but business spending that signals expansion plans weakened. The Commerce Department says orders for durable goods rose 3.3 percent last month. Overall, it was the best showing since January.

U.S. Pushes China On Helping With Tainted Drywall

October 26, 2010 4:44 am | by Elaine Kurtenbach, AP Business Writer

SHANGHAI (AP) — The U.S. is hoping China will help persuade its manufacturers of tainted drywall to cooperate in helping homeowners fix their homes, the chairman of the Consumer Products Safety Commission said Tuesday. Inez Tenenbaum, in Shanghai for meetings with her Chinese and European counterparts, said she was encouraged by the response of product safety officials in China but needs help from the country's trade ministry in convincing makers of the drywall to meet with the U.

Semis And Pickups Get Strict Emission Standards

October 26, 2010 4:31 am | by Ken Thomas, Associated Press Writer

WASHINGTON (AP) — Future generations of semi-trucks, school buses and large pickups will need to cut fuel consumption and emissions by 10 to 20 percent under first-ever fuel efficiency rules for trucks announced Monday by the Obama administration. For the first time, the Environmental Protection Agency and the Transportation Department released proposed fuel economy requirements and reductions in tailpipe emissions for medium- and heavy-duty trucks, beginning with those sold in the 2014 model year and into the 2018 model year.

OSHA Fines Ammo Manufacturer $1.2M For Deadly Explosion

October 26, 2010 4:10 am | by Holly Ramer, Associated Press Writer

CONCORD, N.H. (AP) — Federal labor officials on Monday proposed fining a gun and ammunition manufacturer $1.2 million, saying that two men who died in an explosion at its northern New Hampshire plant weren't properly trained and had been feeding explosive powder into equipment by hand.

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Ford Beats Expectations, Ready To Hire And Invest

October 26, 2010 4:08 am | by Dee-Ann Durbin and Tom Krisher, AP Auto Writers

DEARBORN, Mich. (AP) — Ford Motor Co.'s third-quarter net income rose 68 percent as it grabbed a bigger share of the U.S. auto market and buyers paid more for its highly-rated cars and trucks. It was Ford's sixth straight quarterly profit and the company's best third-quarter performance since at least 1990.

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Feds Raid Home Of Ex-Raytheon Missile Systems Expert

October 26, 2010 4:07 am | by Bob Salsberg, Associated Press Writer

BOSTON (AP) — Federal agents on Monday searched and removed materials from a suburban Boston home owned by a missile systems expert who worked for the U.S. defense contractor Raytheon. The home is owned by Richard M. Lloyd, the former Raytheon Co. employee, and Lori Lloyd, public records show.

U.S. Steel Posts $51 Million Loss On Slow Demand

October 26, 2010 4:05 am

PITTSBURGH (AP) — U.S. Steel said Tuesday it continues to lose money because demand for its products remains weak due to the uneven global economic recovery. The Pittsburgh manufacturing giant reported a third-quarter loss of $51 million. In late July the company was predicting a profit for the quarter, but it tempered that outlook as the period progressed.

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Fiat: We'd Be Better Off Without Italy's Unions

October 25, 2010 5:16 am | by Alessandra Rizzo, Associated Press Writer

ROME (AP) — Fiat CEO Sergio Marchionne says the tradition-laden Italian automaker would be better off without Italy and its balky unions, provoking an angry reaction Monday from some labor and government officials. Fiat has been in tense negotiations with unions over its plan to shut down a factory in Sicily next year.

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Japan, India Sign Agreement To Boost Trade

October 25, 2010 5:00 am | by Malcolm Foster, Associated Press

TOKYO (AP) — The leaders of India and Japan signed a sweeping agreement Monday to boost trade and agreed to speed up talks toward a civilian nuclear energy deal — despite sensitivity in Japan over India's past atomic test blasts. Prime Minister Naoto Kan called the conclusion of nearly 4-year negotiations on the economic partnership agreement a "historic achievement.

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Toyota Only Japanese Automaker To See Production Drops

October 25, 2010 4:55 am

TOKYO (AP) — Toyota's global production fell in September for the first time in a year, while rivals Honda and Nissan increased output thanks to strong demand in China. Toyota Motor Corp. said Monday its worldwide production dropped 1.3 percent to 672,604 vehicles, marking the first year-on-year decrease in 12 months.

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